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Hybrid Crypto Exchange GRVT Debuts Onchain Retail Price Improvement Orders, Bridging DeFi and TradFi

The system matches retail traders with non-algorithmic traders, ensuring fair play and a balanced trading environment.

Updated Jun 5, 2025, 5:01 a.m. Published Jun 4, 2025, 10:00 a.m.
GRVT launches retail price improvement orders. (ArtfulColorWorks/Pixabay)
GRVT launches retail price improvement orders. (ArtfulColorWorks/Pixabay)

What to know:

  • Hybrid crypto exchange GRVT has introduced retail price improvement orders, integrating a traditional market feature into the decentralized ecosystem.
  • The new feature offers retail users better execution prices automatically and transparently, while maintaining control over their funds.
  • GRVT's system ensures fair play and a balanced trading environment by having select market makers quote to retail investors.

Licensed hybrid crypto exchange GRVT rolled out retail price improvement orders on its platform, pioneering the integration of a proven traditional market feature into the decentralized ecosystem.

The new offering, available on GRVT's web and mobile apps, will provide retail users with better execution prices than those publicly available in the order book.

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The process is fully automated and transparent: When a user initiates a trade, the system checks for better prices through the RPI behind the scenes. If available, orders are filled at the improved price. All the while users retain complete control of their funds.

Moreover, the system has select market makers quoting to retail investors and these quotes cannot be accessed by algorithmic traders. This way, it ensures fair play, targeted liquidity creation, and a balanced trading environment.

"RPI is more than a new order type. It’s a meaningful step forward for the DeFi ecosystem. By delivering better prices to retail users without requiring trust in third parties, GRVT is proving that self-custody and advanced execution no longer have to be trade-offs. It’s a practical improvement that gives traders a real edge, while preserving everything that makes DeFi valuable," Hong Yea, co-founder and CEO of GRVT, said in a press release shared with CoinDesk.

GRVT is a hybrid exchange that combines off-chain order matching with on-chain settlements, offering a decentralized finance experience with the efficiency of centralized exchanges.

The exchange is hosting a "tap and trade" competition on its web and Android platforms, allowing traders to experiment with the RPI feature in a live environment.

Retail price improvements have been a feature on Wall Street since the early 2000s, with efforts like the NYSE's Retail Liquidity Program supposedly saving billions for retail investors.

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